KARACHI: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for September 11, 2026, showing minimal fluctuations in the buying and selling rates of major currencies. The U.S. dollar was reported at 27…
KARACHI: The Pakistan Credit Rating Agency Limited has assigned an initial stability rating to the Alhamra Islamic Investment Savings Fund, highlighting its medium-risk profile and focus on generating halal income through Shariah-compliant investments…
Karachi: The Pakistan Credit Rating Agency Limited has maintained the stability rating of the JS Fixed Term Munafa Fund, a low-to-moderate risk investment vehicle structured to deliver fixed returns. The Fund, which originally included 21 investment p…
Lahore: Daewoo Pakistan Express Bus Service Limited (DPEBSL) is set to issue a third rated, secured, privately placed short-term Sukuk worth PKR 4 billion, marking a strategic financial initiative. The instrument, secured by a ranking charge over the …
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of Faysal Halal Amdani Fund, a Shariah-compliant money market fund, emphasizing its low-risk investment strategy. The fund, which aims to provide competitiv…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported stable exchange rates for key currencies in the open market as of June 16, 2026. The rates revealed minimal fluctuations with the US dollar buying at 278.72 and selling at 279.60,…